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ARTICLE · 20 DECEMBER 2024

Reporting for ICAVs and SICAVs

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ICAVs and SICAVs are two common but distinct types of investment vehicle structures in Ireland and Europe.

United KingdomFinance and Banking
Quinn Perrott
Quinn Perrott
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ICAVs and SICAVs are two common but distinct types of investment vehicle structures in Ireland and Europe that have certain regulatory reporting obligations.

What is an ICAV and a SICAV?

ICAVs

ICAV stands for Irish Collective Asset-Management Vehicle.

ICAVs are a corporate structure created especially for the Irish funds industry – it may be listed on a stock exchange. It provides managers and promoters with a corporate structure that is designed specifically for investment funds and which is not subject to rules or requirements designed for other forms of company (which reduces administrative burden and cost).

Like an investment company, an ICAV is a corporate entity that is governed by a board of directors and owned by shareholders.

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